I currently have all my trading capital in my trading account. I want to change this. Im thinking about leaving in double the overnight margin requirement, and putting the rest somewhere else.
My broker is TD Ameritrade. I dont see them becoming insolvent or doing anything sketchy, but Im at the point where I dont want to have all that cash in one place.
Hopefully I wont need access to it. Hopefully I will be making just the occasional deposit, never any withdrawals. At least not for a few years. This is essentially retirement money, not something Im looking to live off anytime soon.
I want something conservative, little to no risk since I treat it already like risk capital, but if I can squeeze a couple percent out of it a year that would be nice. Regular old savings account? CD? Bonds?